UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number   811-21407    

Nuveen Diversified Dividend and Income Fund

(Exact name of registrant as specified in charter)

     333 West Wacker Drive, Chicago, Illinois 60606     
(Address of principal executive offices) (Zip code)

Kevin J. McCarthy—Vice President and Secretary
     333 West Wacker Drive, Chicago, Illinois 60606     
(Name and address of agent for service)

Registrant’s telephone number, including area code:      312-917-7700     

Date of fiscal year end:        12/31      

Date of reporting period:    9/30/2007   

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

TABLE OF CONTENTS

	Item 1. Schedule of Investments
	Item 2. Controls and Procedures
	Item 3. Exhibits
SIGNATURES
Certifications

Item 1. Schedule of Investments

Portfolio of Investments (Unaudited)

Nuveen Diversified Dividend and Income Fund (JDD)
September 30, 2007

Shares			Description (1)				Value
			Common Stocks – 37.2% (25.5% of Total Investments)
			Aerospace & Defense – 2.5%
	32,600		Lockheed Martin Corporation				$	3,536,774
	85,000		Raytheon Company					5,424,700
			Total Aerospace & Defense					8,961,474
			Capital Markets – 1.3%
	100,000		JPMorgan Chase & Co.					4,582,000
			Commercial Banks – 2.3%
	100,000		Bank of America Corporation					5,027,000
	65,000		Wachovia Corporation					3,259,750
			Total Commercial Banks					8,286,750
			Commercial Services & Supplies – 1.3%
	105,000		Pitney Bowes Inc.					4,769,100
			Communications Equipment – 0.7%
	131,000		Motorola, Inc.					2,427,430
			Containers & Packaging – 0.8%
	104,800		Packaging Corp. of America					3,046,536
			Diversified Financial Services – 1.7%
	132,000		Citigroup Inc.					6,160,440
			Diversified Telecommunication Services – 3.4%
	109,500		AT&T Inc.					4,632,945
	90,000		KT Corporation, Sponsored ADR					2,254,500
	52,500		Telecom Italia S.p.A., Sponsored ADR					1,589,175
	87,000		Verizon Communications Inc.					3,852,360
			Total Diversified Telecommunication Services					12,328,980
			Electric Utilities – 1.3%
	32,200		EDP – Energias de Portugal, S.A., Sponsored ADR					1,874,845
	118,000		Korea Electric Power Corporation, Sponsored ADR					2,731,700
			Total Electric Utilities					4,606,545
			Food Products – 0.4%
	39,722		Kraft Foods Inc.					1,370,806
			Household Durables – 0.9%
	112,000		Newell Rubbermaid Inc.					3,227,840
			Household Products – 1.4%
	73,000		Kimberly-Clark Corporation					5,128,980
			Industrial Conglomerates – 1.0%
	85,000		General Electric Company					3,519,000
			Insurance – 2.4%
	65,800		Aon Corporation					2,948,498
	65,400		Hartford Financial Services Group, Inc.					6,052,770
			Total Insurance					9,001,268
			Machinery – 1.0%
	45,000		Caterpillar Inc.					3,529,350
			Media – 1.7%
	55,000		CBS Corporation, Class B					1,732,500
	118,300		Clear Channel Communications, Inc.					4,429,152
			Total Media					6,161,652
			Metals & Mining – 0.6%
	12,800		POSCO, ADR					2,288,256
			Multi-Utilities – 0.6%
	82,800		United Utilities PLC, Sponsored ADR					2,359,800
			Oil, Gas & Consumable Fuels – 3.5%
	33,000		Chevron Corporation					3,088,140
	37,900		ConocoPhillips					3,326,483
	57,500		Eni S.p.A., Sponsored ADR					4,241,200
	30,000		Total SA, Sponsored ADR					2,430,900
			Total Oil, Gas & Consumable Fuels					13,086,723
			Paper & Forest Products – 1.6%
	105,500		International Paper Company					3,784,285
	97,000		Stora Enso Oyj, Sponsored ADR					1,875,980
			Total Paper & Forest Products					5,660,265
			Pharmaceuticals – 2.1%
	60,000		GlaxoSmithKline PLC, ADR					3,192,000
	71,000		Pfizer Inc.					1,734,530
	68,000		Sanofi-Aventis, ADR					2,884,560
			Total Pharmaceuticals					7,811,090
			Thrifts & Mortgage Finance – 2.5%
	95,000		Federal National Mortgage Association					5,776,950
	141,000		IndyMac Bancorp, Inc.					3,329,010
			Total Thrifts & Mortgage Finance					9,105,960
			Tobacco – 2.2%
	57,400		Altria Group, Inc.					3,991,022
	47,000		Loews Corp – Carolina Group					3,864,810
			Total Tobacco					7,855,832
			Total Common Stocks (cost $98,050,356)					135,276,077
Shares			Description (1)				Value
			Real Estate Investment Trust Common Stocks – 37.1% (25.4% of Total Investments)
			Industrial – 3.1%
	556,400		DCT Industrial Trust Inc.				$	5,825,508
	136,000		First Industrial Realty Trust, Inc.					5,286,320
			Total Industrial					11,111,828
			Office – 5.9%
	200,300		Brandywine Realty Trust					5,069,593
	435,600		HRPT Properties Trust					4,308,084
	158,900		Mack-Cali Realty Corporation					6,530,790
	146,800		Maguire Properties, Inc.					3,791,844
	15,986		SL Green Realty Corporation					1,866,685
			Total Office					21,566,996
			Residential – 6.5%
	43,600		Apartment Investment & Management Company, Class A					1,967,668
	57,500		AvalonBay Communities, Inc.					6,788,450
	107,200		Camden Property Trust					6,887,600
	98,100		Equity Residential					4,155,516
	99,100		Post Properties, Inc.					3,835,170
			Total Residential					23,634,404
			Retail – 9.1%
	252,900		Cedar Shopping Centers Inc.					3,444,498
	73,500		Federal Realty Investment Trust					6,512,100
	221,000		Kite Realty Group Trust					4,154,800
	64,900		Macerich Company					5,683,942
	70,800		Simon Property Group, Inc.					7,080,000
	77,200		Weingarten Realty Investors Trust					3,200,712
	152,400		Westfield Group					2,934,538
			Total Retail					33,010,590
			Specialized – 12.5%
	566,700		Ashford Hospitality Trust Inc.					5,695,335
	130,500		Cogdell Spencer Inc.					2,414,250
	473,300		DiamondRock Hospitality Company					8,240,153
	347,300		Extra Space Storage Inc.					5,344,947
	169,500		Health Care Property Investors Inc.					5,622,315
	37,174		Public Storage, Inc.					2,923,735
	355,000		Senior Housing Properties Trust					7,831,300
	185,600		Ventas Inc.					7,683,840
			Total Specialized					45,755,875
			Total Real Estate Investment Trust Common Stocks (cost $115,176,641)					135,079,693
Principal				Weighted Average
Amount (000)			Description (1)	Coupon	Maturity (3)	Ratings (2)	Value
			Variable Rate Senior Loan Interests – 31.7% (21.8% of Total Investments) (4)
			Aerospace & Defense – 0.9%
$	1,276		Hexcel Corporation, Term Loan B	7.193%	3/01/12	BB+	$	1,244,039
	1,594		Vought Aircraft Industries, Inc., Term Loan	7.630%	12/22/11	Ba2		1,570,101
	364		Vought Aircraft Industries, Inc., Tranche B, Letter of Credit	7.820%	12/22/10	Ba2		358,182
	3,234		Total Aerospace & Defense					3,172,322
			Auto Components – 1.2%
	2,500		Federal Mogul Corporation, Term Loan A, (5)	7.379%	2/24/04	N/R		2,416,250
	457		Gen Tek Inc., Term Loan B	7.760%	2/28/11	BB-		447,115
	1,716		Gen Tek Inc., Term Loan	7.474%	2/28/11	BB-		1,678,737
	4,673		Total Auto Components					4,542,102
			Building Products – 1.2%
	784		Armstrong World Industries, Term Loan	7.246%	10/02/13	BBB-		778,140
	1,940		Nortek, Inc., Term Loan B	7.610%	8/27/11	Ba2		1,872,100
	977		Stile Acquisition Corporation, Canadian Term Loan	7.360%	4/05/13	BB		922,133
	978		Stile Acquisition Corporation, Term Loan B	7.360%	4/05/13	BB		923,708
	4,679		Total Building Products					4,496,081
			Chemicals – 2.6%
	400		Celanese Corporation, Credit Linked Deposit	5.665%	4/02/14	BB		392,781
	1,596		Celanese Corporation, Term Loan B	7.110%	4/02/14	BB		1,567,197
	1,240		Georgia Gulf Corporation, Term Loan B	8.298%	10/03/13	BB		1,213,603
	1,985		Hexion Specialty Chemicals, Inc., Term Loan C4	7.625%	5/05/13	Ba3		1,960,963
	1,980		Lyondell Citgo Refining LP, Term Loan	6.630%	8/16/13	BB+		1,971,646
	1,950		Rockwood Specialties Group, Inc., Term Loan E	7.108%	7/30/12	BB		1,902,198
	9,151		Total Chemicals					9,008,388
			Commercial Services & Supplies – 0.8%
	119		Aramark Corporation, Letter of Credit	7.198%	1/24/14	BB-		116,626
	1,658		Aramark Corporation, Term Loan	7.198%	1/24/14	BB-		1,631,793
	1,106		Berry Plastics Holding Corporation, Term Loan	7.360%	4/03/15	BB-		1,080,681
	2,883		Total Commercial Services & Supplies					2,829,100
			Containers & Packaging – 1.1%
	2,836		Graham Packaging Company, L.P., Term Loan B	7.715%	12/13/11	B+		2,800,400
	175		Smurfit-Stone Container Corporation, Deposit-Funded Commitment	7.475%	11/01/10	Ba2		173,050
	689		Smurfit-Stone Container Corporation, Term Loan B	7.437%	11/01/11	Ba2		682,833
	375		Smurfit-Stone Container Corporation, Term Loan C	7.640%	11/01/11	Ba2		371,391
	118		Smurfit-Stone Container Corporation, Tranche C-1	7.688%	11/01/11	Ba2		116,553
	4,193		Total Containers & Packaging					4,144,227
			Diversified Consumer Services – 0.5%
	1,990		Weight Watchers International Inc., Term Loan B	6.875%	1/26/14	BB+		1,975,075
			Diversified Telecommunication Services – 1.2%
	1,960		Intelsat Limited, Term Loan	7.360%	7/01/13	BB+		1,944,506
	1,980		MetroPCS Inc., Term Loan	7.579%	11/03/13	Ba3		1,952,404
	473		Verifone Inc., Term Loan B	7.110%	10/31/13	BB		466,594
	4,413		Total Diversified Telecommunication Services					4,363,504
			Electric Utilities – 0.5%
	1,702		Dynegy, Inc., Letter of Credit	6.629%	4/02/13	Ba1		1,632,219
	298		Dynegy Holdings Inc., Term Loan	7.165%	4/02/13	Ba1		285,638
	2,000		Total Electric Utilities					1,917,857
			Electrical Equipment – 0.4%
	1,496		Sensus Metering Systems Inc., Term Loan B-1	7.375%	12/17/10	BB		1,473,217
	97		Sensus Metering Systems Inc., Term Loan B-2	7.359%	12/17/10	BB		95,716
	1,593		Total Electrical Equipment					1,568,933
			Electronic Equipment & Instruments – 0.8%
	1,995		Itron Inc., Term Loan	7.165%	4/18/14	Ba3		1,971,309
	988		Sensata Technologies B.V., Term Loan	7.110%	4/27/13	BB		952,408
	2,983		Total Electronic Equipment & Instruments					2,923,717
			Energy Equipment & Services – 0.5%
	1,939		Kinder Morgan, Inc., Term Loan	6.639%	5/30/14	Ba2		1,905,576
			Food Products – 0.7%
	2,586		Michael Foods, Inc., Term Loan B	7.361%	11/21/10	BB-		2,514,926
			Health Care Providers & Services – 2.6%
	1,265		Davita Inc., Term Loan B	6.845%	10/05/12	BB+		1,244,418
	1,985		HCA, Inc. Term Loan	7.448%	11/18/13	BB		1,950,263
	1,990		Health Management Associates, Term Loan	6.947%	2/28/14	Ba2		1,896,097
	1,038		LifePoint Hospitals Holdings, Inc., Term Loan B	7.165%	4/18/12	BB		1,014,126
	1,970		Quintiles Transnational Corporation, Term Loan B	7.200%	3/29/13	BB		1,912,542
	242		United Surgical Partners International, Inc., Delayed Draw Term Loan (6)	5.156%	4/18/14	Ba3		146,220
	1,255		United Surgical Partners International, Inc., Term Loan	7.381%	4/18/14	Ba3		1,216,487
	9,745		Total Health Care Providers & Services					9,380,153
			Hotels, Restaurants & Leisure – 2.8%
	1,975		24 Hour Fitness Worldwide, Inc., Term Loan B	7.870%	6/08/12	Ba3		1,935,500
	2,192		Burger King Corporation, Term Loan B	6.750%	6/30/12	BB+		2,170,001
	776		CBRL Group, Inc., Term Loan B-1	6.860%	4/28/13	BB		758,626
	122		CBRL Group, Inc., Delayed Draw, Term Loan B-2 (6)	3.801%	4/28/13	BB		58,367
	1,960		Penn National Gaming, Inc., Term Loan B	7.108%	10/03/12	BBB-		1,948,294
	445		Travelport LLC, Term Loan	7.448%	8/23/13	BB-		434,751
	89		Travelport LLC, Letter of Credit	7.448%	8/23/13	BB-		87,233
	600		Venetian Casino Resort, LLC, Delayed Draw, Term Loan (6) (7)	0.750%	5/23/08	BB		(14,375	)
	2,394		Venetian Casino Resort, LLC, Term Loan	6.950%	5/23/14	BB		2,336,645
	10,553		Total Hotels, Restaurants & Leisure					9,715,042
			Independent Power Producers & Energy Traders – 1.0%
	750		KGen LLC, Letter of Credit	7.000%	2/05/14	BB		733,125
	1,241		KGen LLC, Term Loan B	7.000%	2/05/14	BB		1,212,711
	469		NRG Energy Inc., Credit-Linked Deposit	6.848%	2/01/13	Ba1		460,788
	400		NRG Energy Inc., Delayed Draw, Term Loan (6) (7)	0.500%	2/01/13	BB		(7,000	)
	1,126		NRG Energy Inc., Term Loan	6.948%	2/01/13	Ba1		1,107,150
	3,986		Total Independent Power Producers & Energy Traders					3,506,774
			Insurance – 0.3%
	1,171		Conseco, Inc., Term Loan	7.129%	10/10/13	Ba3		1,111,058
			IT Services – 1.1%
	2,000		First Data Term Loan, Tranche B	6.250%	9/24/14	BB-		1,928,750
	2,047		SunGard Data Systems Inc., Term Loan B	7.356%	2/28/14	BB		2,016,175
	4,047		Total IT Services					3,944,925
			Media – 7.2%
	1,975		Cablevision Systems Corporation, Incremental Term Loan	7.569%	3/29/13	BB		1,951,053
	1,995		Canwest Mediaworks, L.P., Term Loan	7.541%	7/10/15	Ba1		1,960,088
	998		Cequel Communications LLC., Term Loan B	7.373%	11/05/13	B+		960,530
	2,200		Charter Communications Operating, LLC, Term Loan	7.360%	3/06/14	B+		2,129,287
	1,995		Discovery Communications, Term Loan	7.198%	5/14/14	N/R		1,962,581
	1,938		Emmis Communications Corporation, New Term Loan B	7.202%	11/01/13	B+		1,902,571
	1,985		Idearc Inc., Term Loan	7.200%	11/17/14	BBB-		1,957,706
	980		Metro-Goldwyn-Mayer Studios, Inc., Term Loan B	8.448%	4/08/12	N/R		940,347
	1,980		Neilsen Finance LLC, Term Loan B	7.360%	8/09/13	Ba3		1,928,028
	182		R. H. Donnelley Inc., Tranche D	6.860%	6/30/11	Ba1		180,641
	2,000		Tribune Company, Term Loan B	8.360%	6/04/14	BB		1,825,277
	933		Tribune Company, Term Loan X	7.860%	6/04/09	BB		917,000
	121		Univision Communications Inc., Delayed Draw, Term Loan (6) (7)	1.000%	9/29/14	B+		(5,612	)
	1,879		Univision Communications Inc., Term Loan	7.610%	9/29/14	Ba3		1,791,890
	2,000		UPC Broadband Holding BV, Term Loan J2	7.130%	12/31/14	Ba3		1,919,375
	1,922		WMG Acquisition Corp., Term Loan	7.484%	2/28/11	Ba2		1,881,051
	2,000		Yell Group, Term Loan	7.129%	10/27/12	N/R		1,956,406
	27,083		Total Media					26,158,219
			Metals & Mining – 0.4%
	680		Amsted Industries Incorporated, Delayed Term Loan	7.376%	4/08/13	BB		673,317
	936		Amsted Industries Incorporated, Term Loan B	7.389%	4/08/13	BB		922,781
	1,616		Total Metals & Mining					1,596,098
			Oil, Gas & Consumable Fuels – 0.5%
	387		Targa Resources Inc., Synthetic Letter of Credit	7.323%	10/31/12	Ba3		383,903
	1,581		Targa Resources Inc., Term Loan B	7.534%	10/31/12	Ba3		1,567,605
	1,968		Total Oil, Gas & Consumable Fuels					1,951,508
			Paper & Forest Products – 0.5%
	1,955		Georgia-Pacific Corporation, Term Loan B	7.383%	12/21/12	BB+		1,918,696
			Pharmaceuticals – 0.5%
	1,990		Royalty Pharma, Term Loan	6.629%	4/16/13	BBB-		1,976,733
			Real Estate Management & Development – 0.4%
	1,500		LNR Property Corporation, Term Loan B	8.110%	7/12/11	BB		1,456,250
			Road & Rail – 0.6%
	111		Hertz Corporation, Synthetic Term Loan	5.238%	12/21/12	BB+		109,594
	619		Hertz Corporation, Term Loan B	7.556%	12/21/12	BB+		610,662
	1,767		Swift Transportation, Term Loan	8.375%	5/10/14	BB-		1,613,106
	2,497		Total Road & Rail					2,333,362
			Specialty Retail – 0.4%
	1,500		TRU 2005 RE Holding Co., Term Loan	8.665%	12/08/08	B3		1,489,531
			Textiles, Apparel & Luxury Goods – 0.5%
	1,745		HanesBrands Inc.,Term Loan	7.087%	9/05/13	BB		1,724,279
			Trading Companies & Distributors – 0.5%
	990		Ashtead Group Public Limited Company, Term Loan B	7.125%	8/31/11	BB+		972,675
	196		Brenntag Holding GmbH and Company KG, Acquisition Facility Term Loan	7.387%	1/20/14	B+		189,573
	804		Brenntag Holdings, Term Loan B2	7.387%	1/20/14	B+		775,840
	1,990		Total Trading Companies & Distributors					1,938,088
$	119,663		Total Variable Rate Senior Loan Interests (cost $118,161,323)					115,562,524
Principal
Amount (000) (8)			Description (1)	Coupon	Maturity	Ratings (2)	Value
			Emerging Markets Debt and Foreign Corporate Bonds – 34.3% (23.5% of Total Investments)
			Argentina – 2.5%
	420		Alto Parana S.A.	6.375%	6/09/17	BBB+	$	426,132
	885		Argentine Beverages Financial Trust, 144A	7.375%	3/22/12	N/R		896,063
	710		Argentina Republic	7.000%	4/17/17	B+		596,045
	106		Banco Central de la Republic Argentina, Treasury Bill	0.000%	5/14/08	B+		31,620
	515		Banco Hipotecario, S.A., 144A	11.250%	6/21/10	Ba1		468,650
	575		Banco Macro Misiones S.A.	9.750%	12/18/36	B2		495,938
	1,395	ARS	Central Bank of Argentina	2.000%	2/04/18	N/R		577,978
	655		Compania de Transporte Energia, 144A	8.875%	12/15/16	B		610,788
	555		Pan American Energy LLC, 144A	7.750%	2/09/12	BB-		545,288
	645		Province of Buenos Aires, 144A	9.625%	4/18/28	B+		554,700
	2,169		Republic of Argentina	11.417%	2/20/08	B		673,782
	2,715		Republic of Argentina	5.374%	8/03/12	B+		1,542,799
	1,376		Republic of Argentina	8.280%	12/31/33	B+		1,251,922
	1,525	ARS	Republic of Argentina	5.830%	12/31/33	B+		591,818
			Total Argentina					9,263,523
			Brazil – 2.7%
	1,500	BRL	Banco ABN AMRO Real S.A., Reg S	16.200%	2/22/10	N/R		892,799
	190		Centrais Eletricas Brasileiras S.A., 144A	7.750%	11/30/15	BB+		203,775
	400		Cia Brasileira de Bebidas	10.500%	12/15/11	Baa1		473,500
	420		Companhia de Saneamento Basico do Estado de Sao Paulo, 144A	7.500%	11/03/16	BB-		432,600
	1,370	BRL	Companhia Energetica de Sao Paulo, Corporate Bond 144A	9.750%	1/15/15	Ba3		808,520
	380		Cosan Finance Limited, 144A	7.000%	2/01/17	BB		366,700
	685		Cospipa Commercial Limited, 144A	8.250%	6/14/16	BBB-		744,116
	565		Federative Republic of Brazil	8.000%	1/15/18	BB+		631,953
	590		Globo Comunicacao Participacoes, S.A., 144A	7.250%	4/26/22	BB+		575,250
	405		ISA Capital do Brasil S.A., 144A	8.800%	1/30/17	BB		425,250
	200	BRL	National Treasury Note of Brazil	6.000%	5/15/15	N/R		1,771,850
	180	BRL	National Treasury Note of Brazil	10.000%	1/01/17	N/R		926,062
	1,100	BRL	RBS Zero Hora Editora Jornalistica S.A., 144A	11.250%	6/15/17	BB-		562,977
	325		Vale Overseas Limited	6.250%	1/23/17	BBB		330,265
	545		Vale Overseas Limited	6.875%	11/21/36	BBB		564,221
			Total Brazil					9,709,838
			Bulgaria – 0.4%
	1,100		Republic of Bulgaria, Reg S	8.250%	1/15/15	BBB+		1,289,750
			Chile – 1.7%
	565		Celulosa Arauco Y Constitucion, 144A	5.625%	4/20/15	BBB+		549,803
	600		Coldelco Inc., Reg S	6.375%	11/30/12	A2		626,467
	430		Corporacion Nacional del Cobre, 144A	5.500%	10/15/13	Aa3		432,575
	1,765		Corporacion Nacional del Cobre, 144A	4.750%	10/15/14	Aa3		1,689,304
	450		Coporacion Nacional del Cobre de Chile, Reg S	5.625%	9/21/35	Aa3		412,065
	595		Coporacion Nacional del Cobre de Chile, Reg S	6.150%	10/24/36	Aa3		585,510
	245		Empresa Nacional del Petroleo Reg S	6.750%	11/15/12	A		258,317
	1,100		Empresa Nacional del Petroleo, 144A	4.875%	3/15/14	A		1,042,799
	550		Enersis S.A.	7.375%	1/15/14	BBB		584,486
			Total Chile					6,181,326
			Colombia – 1.3%
	1,120		Bancolombia S.A.	6.875%	5/25/17	Ba1		1,092,000
	650,000	COP	Bogota Distrito Capital, 144A	9.750%	7/26/28	BB+		309,881
	597,000	COP	Republic of Colombia	9.850%	6/28/27	BB+		308,249
	2,500,000	COP	Republic of Colombia	11.750%	3/01/10	BB		1,379,217
	350		Republic of Colombia	8.250%	12/22/14	BBB-		395,500
	580		Republic of Colombia	7.375%	1/27/17	BBB-		632,200
	635		TGI International Inc., WI/DD, 144A, (9)	9.500%	10/03/17	BB		646,113
			Total Colombia					4,763,160
			Costa Rica – 0.2%
	225		Republic of Costa Rica, Reg S	8.050%	1/31/13	Ba1		246,375
	310		Republic of Costa Rica, Reg S	6.548%	3/20/14	BB+		318,525
			Total Costa Rica					564,900
			Dominican Republic – 0.6%
	2,044		Dominican Republic, Reg S	9.040%	1/23/18	B+		2,309,569
			Egypt – 0.1%
	310		Orascom Telecom Finance, SCA, 144A	7.875%	2/08/14	B2		294,888
			Ghana – 0.3%
	985		Republic of Ghana, WI/DD, 144A, (9)	8.500%	10/04/17	B+		1,003,518
			Hungary – 0.7%
	479,000	HUF	Republic of Hungary	6.750%	4/12/10	BBB+		2,706,642
			India – 0.1%
	355		Icici Bank Limited Bahrain, WI/DD, 144A, (9)	6.625%	10/03/12	Baa2		356,193
			Indonesia – 2.5%
	390		Adaro Finance B.V., 144A	8.500%	12/08/10	Ba3		409,500
	315		Excelcomindo Finance Company B.V., 144A	7.125%	1/18/13	BB-		317,363
	15,250,000	IDR	Indonesia Republic	11.000%	11/15/20	BB+		1,830,662
	1,195		Majapahit Holdings B.V., 144A	7.250%	10/17/11	BB-		1,209,938
	885		Majapahit Holdings B.V., 144A	7.750%	10/17/16	BB-		900,874
	875		Majapahit Holdings B.V., 144A	7.875%	6/29/37	BB-		859,688
	410		PT Berlian Laju Tanker Finance B.V., 144A	7.500%	5/15/14	BB-		386,425
	2,575		Republic of Indonesia, 144A	6.625%	2/17/37	BB-		2,468,781
	580		Republic of Indonesia, Reg S	8.500%	10/12/35	B+		689,089
			Total Indonesia					9,072,320
			Israel – 0.5%
	4,525	ILS	State of Israel	10.000%	5/31/12	A+		1,380,362
	585		State of Israel	5.500%	11/09/16	A2		583,557
			Total Israel					1,963,919
			Kazakhstan – 0.1%
	300		Tengizchevroil LLP, 144A	6.124%	11/15/14	BBB-		296,970
			Malaysia – 1.1%
	950		Penerbangan Malaysia Berhad, Reg S	5.625%	3/15/16	A-		955,398
	1,125		Petronas Capital Limited, Reg S	7.000%	5/22/12	A1		1,209,967
	1,100		Republic of Malaysia	8.750%	6/01/09	A-		1,165,298
	550		Sarawak International Inc.	5.500%	8/03/15	A-		541,322
			Total Malaysia					3,871,985
			Mexico – 1.9%
	895		Conproca SA, Reg S	12.000%	12/16/10	BBB-		993,450
	21,725	MXN	Mexico Bonos de DeSarrollo	7.250%	12/15/16	A		1,903,276
	600		Pemex Project Funding Master Trust	8.500%	2/15/08	Baa1		606,750
	830		Pemex Project Funding Master Trust, Series 12	5.750%	12/15/15	Baa1		834,660
	12,350	MXN	United Mexican States	9.500%	12/18/14	A		1,232,358
	726		United Mexican States	5.625%	1/15/17	Baa1		725,637
	580		United Mexican States	6.750%	9/27/34	Baa1		632,200
	120		Vitro S.A.	9.125%	2/01/17	B		118,500
			Total Mexico					7,046,831
			Pakistan – 0.2%
	330		Islamic Republic of Pakistan, Reg S	6.875%	6/01/17	B+		290,813
	330		Pakistan Mobile Communications Ltd., 144A	8.625%	11/13/13	B+		317,625
			Total Pakistan					608,438
			Panama – 1.0%
	315		AES Panama SA, 144A	6.350%	12/21/16	BBB-		309,276
	720		Republic of Panama	9.625%	2/08/11	Ba1		807,480
	405		Republic of Panama	7.250%	3/15/15	Ba1		435,375
	1,304		Republic of Panama	6.700%	1/26/36	Ba1		1,346,380
	575		Republic of Panana	7.125%	1/29/26	Ba1		623,875
			Total Panama					3,522,386
			Peru – 0.8%
	615		Republic of Peru	8.750%	11/21/33	BB+		810,878
	925		Republic of Peru	6.550%	3/14/37	BB+		956,913
	1,485		Republic of Peru, Enhanced Pass Thru Notes, 144A	0.000%	5/31/18	BB		1,013,513
			Total Peru					2,781,304
			Philippines – 1.0%
	255		Bangko Sentral ng Pilipinas, Series A	8.600%	6/15/27	BB-		298,988
	220		National Power Corporation, Reg S	9.744%	8/23/11	BB-		240,829
	420		Republic of the Philippines	8.375%	2/15/11	BB-		458,850
	945		Republic of the Philippines	8.250%	1/15/14	BB-		1,060,763
	1,275		Republic of the Philippines	9.375%	1/18/17	BB-		1,560,218
			Total Philippines					3,619,648
			Qatar – 0.8%
	885		Nakilat, Inc., Reg S	6.067%	12/31/33	Aa3		856,653
	194		Ras Laffan Liquefied Natural Gas Co., Ltd., 144A	3.437%	9/15/09	A-		192,155
	406		Ras Laffan Liquified Natural Gas Company Limited, Reg S	3.437%	9/15/09	A-		402,925
	575		Ras Laffan Liquified Natural Gas II, Reg S	5.298%	9/30/20	A1		550,103
	550		State of Qatar, Reg S	9.750%	6/15/30	AA-		808,500
			Total Qatar					2,810,336
			Russian Federation – 3.7%
	640		Gaz Capital S.A., 144A	6.212%	11/22/16	A3		635,968
	695		Gaz Capital S.A., 144A	7.288%	8/16/37	A3		742,608
	170	EUR	Gaz Capital S.A., 144A	5.030%	2/25/14	BBB		229,912
	525		Gazprom	10.500%	10/21/09	A3		574,600
	658		GazStream S.A., Series 144A	5.625%	7/22/13	A3		655,279
	620		Irkut Corporation, Loan Participations, Moscow River B.V.	8.250%	4/10/09	N/R		610,886
	1,473		Russia Federation, Reg S	7.500%	3/31/30	BBB+		1,663,380
	1,065		Russian Agricultural Bank, 144A	6.299%	5/15/17	A3		1,005,254
	2,305		Russian Agricultural Bank, 144A	7.175%	5/16/13	A3		2,353,636
	990		Russian Ministry of Finance, Reg S	12.750%	6/24/28	BBB+		1,767,380
	550		Saving Bank of the Russian Federation, Participations	6.230%	2/11/15	A2		548,680
	490		VTB Capital S.A., Corporate Bonds, 144A	5.956%	8/01/08	A2		485,713
	1,000		VTB Capital S.A.	7.500%	10/12/11	A2		1,046,400
	1,200		VTB Capital S.A., Reg S	6.250%	6/30/35	A2		1,181,688
			Total Russian Federation					13,501,384
			Serbia – 0.6%
	2,500		Republic of Serbia, 144A	3.750%	11/01/24	BB-		2,350,000
			South Africa – 0.9%
	1,140		Republic of South Africa	7.375%	4/25/12	BBB+		1,234,050
	2,100		Republic of South Africa	5.875%	5/30/22	BBB+		2,060,625
			Total South Africa					3,294,675
			Thailand – 0.1%
	250		Bangkok Bank Public Company Limited, Reg S	9.025%	3/15/29	BBB		302,509
			Trinidad and Tobago – 1.0%
	945		First Citizens Saint Lucia Limited, Reg S	5.125%	2/14/11	A2		950,156
	180		National Gas Company of Trinidad and Tobago, 144A	6.050%	1/15/36	A3		171,391
	1,325		Petroleum Company of Trinidad & Tobago Limited, 144A	6.000%	5/08/22	BBB+		1,300,885
	963		Republic of Trinidad and Tobago, Reg S	9.750%	7/01/20	A-		1,295,235
			Total Trinidad and Tobago					3,717,667
			Tunisia – 0.6%
	2,065		Banque de Tunisie	7.375%	4/25/12	BBB		2,219,875
			Turkey – 0.7%
	1,680	TRY	Republic of Turkey, Government Bond	16.000%	3/07/12	Baa3		1,411,367
	210		Republic of Turkey	6.875%	3/17/36	BB-		201,338
	940		Republic of Turkey, WI/DD, (9)	6.750%	4/03/18	BB-		934,727
			Total Turkey					2,547,432
			Ukraine – 2.0%
	6,335		Republic of Ukraine, Reg S	6.875%	3/04/11	BB-		6,527,204
	615		Ukraine Export-Import Bank Loan Participation with Credit Suisse International	8.400%	2/09/16	Ba2		603,500
			Total Ukraine					7,130,704
			United Arab Emirates – 1.1%
	350		Abu Dhabi National Energy Company, 144A	5.875%	10/27/16	Aa2		349,521
	1,855		Abu Dhabi National Energy Company, 144A	6.500%	10/27/36	Aa2		1,842,188
	1,930		Dubai Ports World, Limited, 144A	6.850%	7/02/37	A+		1,922,431
			Total United Arab Emirates					4,114,140
			Uruguay – 1.2%
	4,065		Oriental Republic of Uruguay	7.625%	3/21/36	BB-		4,359,713
	117		Republic of Uruguay	7.875%	1/15/33	BB-		130,219
			Total Uruguay					4,489,932
			Venezuela – 1.2%
	635		Republic of Venezuela, Reg S	7.000%	12/01/18	B+		566,738
	1,935		Republic of Venezuela, Reg S	5.375%	8/07/10	B+		1,823,731
	815		Republic of Venezuela, Reg S	6.180%	4/20/11	BB-		764,674
	125		Republic of Venezuela	8.500%	10/08/14	BB-		125,625
	1,400		Republic of Venezuela	6.000%	12/09/20	BB-		1,130,500
			Total Venezuela					4,411,268
			Vietnam – 0.7%
	600		Socialist Republic of Vietnam, Reg S	6.875%	1/15/16	BB		628,777
	2,099		Socialist Republic of Vietnam	6.313%	3/12/16	BB-		2,073,134
			Total Vietnam					2,701,911
			Total Emerging Markets Debt and Foreign Corporate Bonds (cost $122,155,499)					124,818,941
Principal
Amount (000)			Description (1)	Coupon	Maturity	Ratings (2)	Value
			Corporate Bonds – 0.5% (0.3% of Investments)
			Household Durables – 0.5%
$	2,000		D.R. Horton, Inc.	7.500%	12/01/07	BBB-	$	1,997,758
$	2,000		Total Corporate Bonds (cost $2,006,843)					1,997,758
Principal
Amount (000)			Description (1)	Coupon	Maturity		Value
			Short-Term Investments – 5.1% (3.5% of Total Investments)
$	18,648		Repurchase Agreement with Fixed Income Clearing Corporation, dated 9/28/07, repurchase price $18,653,431, collateralized by $15,295,000 U.S. Treasury Bonds, 7.500%, due 11/15/16, value $19,023,156	3.750%	10/01/07		$	18,647,604
			Total Short-Term Investments (cost $18,647,604)					18,647,604
			Total Investments (cost $474,198,266) – 145.9%					531,382,597
			Borrowings – (12.3)% (10)					(45,000,000	)
			Other Assets Less Liabilities – (0.6)%					(2,200,157	)
			FundPreferred Shares, at Liquidation Value – (33.0)%					(120,000,000	)
			Net Assets Applicable to Common Shares – 100%				$	364,182,440

Forward Foreign Currency Exchange Contracts outstanding at September 30, 2007:

								Unrealized
								Appreciation
	Amount		In Exchange For	Amount		Settlement		(Depreciation)
Currency Contracts to Deliver	(Local Currency)		Currency	(Local Currency)		Date		(U.S. Dollars)
Argentine Peso		1,953,000	U.S. Dollar		610,981		10/19/07		$     (7,193	)
Colombian Peso		4,037,200,000	U.S. Dollar		1,859,604		10/19/07		(131,373	)
Euro		2,109,000	U.S. Dollar		2,888,381		12/19/07		(123,427	)
Indonesian Rupiah		4,633,000,000	U.S. Dollar		491,722		10/19/07		(13,962	)
Israeli Shekel		5,405,000	U.S. Dollar		1,313,455		12/19/07		(33,938	)
Indian Rupee		50,790,000	U.S. Dollar		1,240,293		10/19/07		(33,924	)
South Korean Won		1,158,740,000	U.S. Dollar		1,243,283		12/18/07		(26,762	)
Mexican Peso		13,680,000	U.S. Dollar		1,229,044		12/19/07		(15,168	)
Mexican Peso		21,328,000	U.S. Dollar		1,909,058		12/19/07		(30,748	)
New Turkish Lira		1,766,000	U.S. Dollar		1,318,895		12/19/07		(106,391	)
U.S. Dollar		1,303,075	Colombian Peso		2,711,700,000		10/19/07		34,220
U.S. Dollar		639,363	Indonesian Rupiah		5,920,500,000		10/19/07		6,849
U.S. Dollar		1,254,074	Indian Rupee		50,790,000		10/19/07		20,143
U.S. Dollar		1,253,098	South Korean Won		1,158,740,000		12/18/07		16,947
U.S. Dollar		637,399	Mexican Peso		7,030,000		12/19/07		1,988
U.S. Dollar		639,777	Mexican Peso		7,030,000		12/19/07		(390	)
U.S. Dollar		1,304,004	Peruvian Nouveau Sol		4,120,000		12/19/07		32,009
									$(411,120	)

(1)	All percentages shown in the Portfolio of Investments are based on net assets applicable to Common shares unless otherwise noted.
(2)	Ratings: Using the higher of Standard & Poor’s Group (“Standard & Poor’s”) or Moody’s Investor Service, Inc. (“Moody’s”) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s are considered to be below investment grade.
(3)	Senior Loans generally are subject to mandatory and/or optional prepayment. Because of these mandatory prepayment conditions and because there may be significant economic incentives for a Borrower to prepay, prepayments of Senior Loans may occur. As a result, the actual remaining maturity of Senior Loans held may be substantially less than the stated maturities shown.
(4)	Senior Loans in which the Fund invests generally pay interest at rates which are periodically adjusted by reference to a base short-term, floating lending rate plus an assigned fixed rate. These floating lending rates are generally (i) the lending rate referenced by the London Inter-Bank Offered Rate (“LIBOR”), or (ii) the prime rate offered by one or more major United States banks.
	Senior Loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the Agent Bank and/or Borrower prior to the disposition of a Senior Loan.
(5)	At or subsequent to September 30, 2007, this issue was under the protection of the Federal Bankruptcy Court.
(6)	Position or portion of position represents an unfunded Senior Loan commitment outstanding at September 30, 2007.
(7)	Negative value represents unrealized depreciation on Senior Loan commitment at September 30, 2007.
(8)	Principal amount denominated in U.S. Dollars, unless otherwise noted.
(9)	Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board of Trustees.
(10)	Borrowings Payable as a percentage of total investments is (8.5)%.
N/R	Not rated.
WI/DD	Purchased on a when-issued or delayed delivery basis.
144A	Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration which are normally those transactions with qualified institutional buyers.
ADR	American Depositary Receipt.
Reg S	Regulation S allows U.S. companies to sell securities to persons or entities located outside of the United States without registering those securities with the Securities and Exchange Commission. Specifically, Regulation S provides a safe harbor from the registration requirements of the Securities Act for the offers and sales of securities by both foreign and domestic issuers that are made outside the United States.
ARS	Argentine Peso
BRL	Brazilian Real
COP	Colombian Peso
EUR	Euro
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	New Israeli Sheqel
MXN	Mexican Peso
TRY	New Turkish Lira

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to the treatment of paydown gains and losses, recognition of premium amortization, recognition of income on REIT investments, and timing differences in recognizing certain gains and losses on investment transactions.

At September 30, 2007, the cost of investments was $475,100,563.

Gross unrealized appreciation and gross unrealized depreciation of investments at September 30, 2007, were as follows:

Gross unrealized:
Appreciation	$	68,972,636
Depreciation		(12,690,602	)
Net unrealized appreciation (depreciation) of investments	$	56,282,034

Item 2. Controls and Procedures.

a.

The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).

b.

There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)  Nuveen Diversified Dividend and Income Fund    

By (Signature and Title)*	/s/ Kevin J. McCarthy
	Kevin J. McCarthy
	Vice President and Secretary

Date November 29, 2007

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*	/s/ Gifford R. Zimmerman
	Gifford R. Zimmerman
	Chief Administrative Officer (principal executive officer)

Date November 29, 2007

By (Signature and Title)*	/s/ Stephen D. Foy
	Stephen D. Foy
	Vice President and Controller (principal financial officer)

Date November 29, 2007

* Print the name and title of each signing officer under his or her signature.